Constitutional Law
Aug. 10, 2010
For the Government, Transparency and Accountability Is a One-Way Mirror
Pushing for increased transparency and accountability, the new financial reform bill instead shields the SEC from having to disclose information, by Michael A.S. Newman of Barger & Wolen.
Roman senator and historian Cornelius Tacitus, referring to the fall of the Republic, wrote that "the laws were most numerous when the commonwealth was most corrupt." Tacitus was a keen observer of the dysfunctions of authority. His statement that prolific legislation accompanies poor governance is truer today than it has ever been.
Take the 2,323 page Dodd-Frank Wall Street Reform and Consumer Protection Ac...
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